Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long 0 12.83 0.19
Bottoms Long 0 10.26 0.05
Tops Intermediate -0.06 10.23 0.81
Bottoms Intermediate -0.06 9.03 0.96
Tops Short -0.06 11.03 0.16
Bottoms Short 0 10.50 0.07
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout